Friends Of@northwest Activities Center Inc

Analysis

Friends Of@northwest Activities Center Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Friends Of@northwest Activities Center Inc reported income of $100k and spending of $0, leaving 100% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $325k to $100k (-69%), an average of -32% a year. The sharpest change came in the year to December 2022, when income rose by 120%. Over the whole period it spent 30% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Friends Of@northwest Activities Center Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Gastrointestinal Autism Research Foundation Inc ($100k), Oklahoma Home Builders Foundation ($100k) and American Friends of Mldi ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $410k against liabilities of $0, net assets of $410k.